Actis invests in 3.5 GW/4.5 GWh of solar-plus-storage in Philippines
Private equity investor Actis has become a strategic partner in a 3.5 GW/4.5 GWh solar-plus-storage project in the Philippines. The project is poised to become the world’s largest integrated renewables and energy storage installation upon completion. Actis is investing $600 million for a 40% equity stake.
Pathway to a green transition
In this article for pv magazine, Naresh Mansukhani, chief executive officer, Juniper Green Energy, writes about the barriers to India’s transition to green energy and suggests the way forward.
India’s decarbonization presents $12 trillion opportunity in clean technologies
A BloombergNEF study estimates India’s energy sector investment and spending under its net-zero scenario at $12.4 trillion over 2024-50, 34% (or about $3 trillion) higher than in the economic transition scenario.
India’s renewable energy sector faces leadership talent crisis, says WalkWater Talent study
A recent report by WalkWater Talent Advisors underscores a significant talent shortage in specialized roles such as project management, business development, and regulatory affairs within India’s renewable energy sector.
Oriana Power secures 52 MW solar project from BPCL
Oriana Power Ltd will execute a ground-mount solar project with a total capacity of 52 MW for Bharat Petroleum Corp. Ltd. The project is scheduled for commissioning within six months.
Adani Green, TotalEnergies partner for over 1 GW of solar projects in Khavda
Adani Green Energy Ltd (AGEL) and TotalEnergies have agreed to create a new joint venture to accelerate the development of 1,150 MWac (1,575 MWp) of solar projects in Khavda, Gujarat. AGEL will contribute its current assets to the joint venture, while TotalEnergies will inject $444 million.
Gensol, Matrix consortium wins EPC of India’s first biomass to green hydrogen project
Gensol Engineering, in collaboration with Matrix Gas & Renewables Ltd, will establish the project to convert 25 tons of bio-waste into one ton of hydrogen per day. The project is scheduled for completion within 18 months.
ACWA Power secures $2.6 billion for 5.5 GW of solar in Saudi Arabia
ACWA Power has obtained $2.6 billion through a consortium of banks for three solar plants in Saudi Arabia, with a combined capacity of 5.5 GW.
BPCL aims to build 10 GW of renewable energy capacity by 2035
Bharat Petroleum Corp. Ltd (BPCL) aims to build 2 GW of renewable energy capacity by 2025 and 10 GW by 2035
L&T creates renewable EPC vertical
Larsen & Toubro (L&T) has carved out renewable business vertical amid energy transition led growth in its infrastructure segment.
